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X2M Connect Limited ( (AU:X2M) ) has provided an announcement.
X2M Connect Limited announced that all resolutions at its Annual General Meeting were passed, reflecting strong shareholder support for the company’s strategic initiatives. This outcome is likely to bolster X2M’s position in the utilities sector, as it continues to expand its IoT platform and explore new markets, enhancing its growth prospects and stakeholder confidence.
More about X2M Connect Limited
X2M Connect Limited is an Australian technology company specializing in Internet of Things (IoT) solutions for the utilities sector. The company provides productivity improvements, cost savings, and enhanced public safety through its patented technology, which connects utility devices like water, gas, and electricity meters to the internet for data exchange and remote control. X2M focuses on the Asia-Pacific region and is expanding globally, with operations in Japan, South Korea, Taiwan, China, and the Middle East.
Average Trading Volume: 1,627,612
Technical Sentiment Signal: Sell
Current Market Cap: A$12.16M
See more insights into X2M stock on TipRanks’ Stock Analysis page.